Evolv Technologies Holdings Inc. Class A Common Stock Q3 2025 Earnings Recap

EVLV Q3 2025 November 15, 2025

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Evolv Technology reported strong Q3 results, with revenue reaching $42.9 million—up 57% year-over-year—driven by new customer acquisitions and strategic shifts in its distribution model.

Earnings Per Share Beat

$-0.01 vs $-0.07 est.

+85.7% surprise

Revenue Beat

42850000 vs 36444500 est.

+17.6% surprise

Market Reaction

1-Day +0.0%

5-Day -5.67%

30-Day +12.83%

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Key Takeaways

Annual recurring revenue (ARR) grew to $117.2 million, reflecting a 25% year-over-year increase, with expectations for accelerated ARR growth in 2026.
Q3 marked the strongest booked-to-deployed unit ratio in company history, showcasing improved operational visibility.
Over 60 new customers were welcomed in Q3, with the year-end estimate for active subscriptions raised to between 8,000 and 8,100.
Positive adjusted EBITDA was reported for the fourth consecutive quarter, with margins at 12%.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit EVLV on AllInvestView.

Next Q1 2026